| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
BMO plans to price upside booster notes with barrier on Euro Stoxx 50
By Devika Patel
Knoxville, Tenn., Aug. 2 – Bank of Montreal plans to price 0% upside booster notes with a barrier due Aug. 30, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains by more than the 25% booster percentage, the payout at maturity will be par plus the index return.
If the index finishes between the 90% barrier and the booster amount, the payout will be par plus 25%.
Otherwise, investors will lose 1% for every 1% that the final index level is below the initial index level.
BMO Capital Markets Corp. is the agent.
The notes (Cusip: 06367TJG6) are expected to price on Aug. 26 and settle on Aug. 31.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.